Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following information applies to the questions displayed below.) The following data is provided for Garcon Company and Pepper Company. Beginning finished goodo Inventory Beginning
The following information applies to the questions displayed below.) The following data is provided for Garcon Company and Pepper Company. Beginning finished goodo Inventory Beginning work in process inventory Beginning raw materiale inventory direct materials) Rental cost on factory equipment Direct labor Ending finished pooda laventory Ending work in process inventory Ending raw materials inventory Pactory utilities Factory supplies used indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materiale purchases Selling expenses Sales Cash Pactory equipment, net Recounts receivable. not Garcon Company $ 14,000 15,200 7.500 28,750 21,600 21.350 25,300 6,000 9.750 9,100 34,000 2,450 7.700 42,500 63,200 223,530 27.000 237,500 15,800 Pepper Company $ 19.750 20,700 9.450 26,350 37,000 13,300 16,200 8.600 14,000 4,100 56,000 8,200 2,200 57,000 56,500 302, 510 24.200 163,825 22,450 Exercise 18-8 Cost of goods manufactured and cost of goods sold computation LO P1, P2 Required: 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31, 2019 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the vear ended 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 312019 2.Complete the table to calculate the cost of goods sold for both Garcon Company and Pescer Company for the year ended December 2010 2 Complete this question by entering your answers in the tabs below. ered the December 31, 2019 Complete the table to find the cost of good manufactured for both Garcon Company and Pepper Company for the year ended Garn Pipe Company Copy 100 Power Det Toine Cogen 3 Exercise 18-8 Cost of goods manufactured and cost of goods sold computation LO P1, P2 Required: 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2019 Complete this question by entering your answers in the tabs below. Required: Required 2 Complete the table to calculate the cost of goods sold for both Garcon Company and pepper Company for the year ended December 31, 2019 Garcon Company Pepper Company Cost of goods available for sale Cost of goods sold 3 Exercise 18-8 Cost of goods manufactured and cost of goods sold computation LO P1, P2 Required: 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2019 Complete this question by entering your answers in the tabs below. Required: Required 2 Complete the table to calculate the cost of goods sold for both Garcon Company and pepper Company for the year ended December 31, 2019 Garcon Company Pepper Company Cost of goods available for sale Cost of goods sold
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started